The effective interest rate for Singapore Savings Bonds (SSB) June 2024 (SBJUN24 GX24060A) is 3.33% if you held it for 10 years. As you can see from the chart above, the interest rate had leaped by 0.27% as compared to last month interest rate of 3.06% (SBMAY24 GX24050X). Based on the 12 months trend, the highest effective interest rate for Singapore Savings Bonds is 3.4% (SBDEC23). The effective interest rate for this month’s issue of the bond is getting nearer to the highest interest ever offered! What are Singapore Savings Bonds? Singapore Savings Bonds (SSB) are issued and fully backed by the Singapore Government. The bonds are among the few with AAA credit rating which means they are by default low risk. With the Singapore Government backing, this means there is virtually no risk of capital loss. The bonds take their interest rates from the average yields of Singapore...